Taxes

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- Don’t Like Taxes? Consider the Alternative
  Posted by Jeff from New York Times
  An outstanding essay on the positive side of taxation: As Justice Oliver Wendell Holmes Jr. observed many years ago. “Taxes are the price we pay for civilization.”
  Post a comment
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- Idealog: Top Reader Excuses for Microsoft's Tax Avoidance
  Posted by Jeff from Idealog.US
  After my editorial suggesting Washington State close the loophole on Microsoft's tax avoidance schemes was published by Crosscut and linked by Slashdot (Creative Capitalism Gets Microsoft a $528M Tax Break), readers posted more than 542 comments, many defending Microsoft's practices. I am always struck by the arguments people use to defend corporate entities that dodge taxes, so I decided to summarize and respond to the most common arguments.
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- Microsoft's $528 million Washington tax break
  Posted by Jeff from crosscut.com
  When I heard that Microsoft Chairman Bill Gates had invoked the phrase "creative capitalism" at last month's World Economic Forum in Davos, Switzerland, it reminded me how Microsoft avoids paying taxes on Washington-made software by selling it through Nevada.
  Read comments (2)
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- Wesley Snipes: a little guilty of tax dodging
  Posted by SoxFirst
  Action man Wesley Snipes has been cleared of federal tax-fraud and conspiracy charges but was convicted on three misdemeanor counts of failing to file a tax return. On one hand, a big win for Snipes but he has done his reputation damage. And he has more than $14 million of back taxes.
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- As US tax rates drop, government's reach grows
  Posted by Jeff from Christian Science Monitor
  Slightly over half of all Americans – 52.6 percent – now receive significant income from government programs, according to an analysis by Gary Shilling, an economist in Springfield, N.J. That's up from 49.4 percent in 2000 and far above the 28.3 percent of Americans in 1950. If the trend continues, the percentage could rise within ten years to pass 55 percent, where it stood in 1980 on the eve of President's Reagan's move to scale back the size of government.
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- Alternative Tax Hits Home the Hardest
  Posted by Jeff from New York Times
  Starting early next year, the number of households paying the A.M.T. within the region, and around the country, will skyrocket if Congress does not change the tax code. Citizens for Tax Justice projects that number will climb to 3 million from 870,000 in the region early next year, and to 23 million nationwide, up from 3.4 million last year.
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- Gregoire signs Internet sales tax bill into law - No word on Microsoft's Nevada Revenue
  Posted by Jeff from Seattle Times
  In this whole sales tax debate, I didn't see anything about Microsoft paying taxes on its $15+ billion in sales through it's Reno, Nevada subsidiary. Closing that loophole would capture 4x as much revenue as this bill. Nice try though.
  Post a comment

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Just Said
Top Posters

Jeff comments on:
Microsoft's $528 million Washington tax break

You are misunderstanding – this is about Washington B & O taxes on corporations, not income taxes.

Reply »
9:31 pm 4/02/08
Jeff comments on:
High-tech giants seeking massive tax break

Check out my rebuttal to Top Reader Excuses for Microsoft’s Tax Avoidance here.

Reply »
11:06 am 2/12/08
edseccocpa comments on:
Microsoft's $528 million Washington tax break

Your concern that Microsoft is avoiding paying income taxes to the State of Washington is based on the erroneous belief that there is an income tax in Washington. Please check out http://en.wikipedia.org/wiki/State_income_tax

I really don’t know what you’re belly aching about.

Reply »
9:53 am 2/04/08
Jeff comments on:
Bush Administration Cuts Audit Staff at IRS for Wealthy
the NYT ran this pretty deep
Reply »
10:52 pm 7/23/06

Just Said
Top Posters

Jeff
Member since Jul 2008
Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.
Seattle
SoxFirst
Member since Jul 2008
Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.
Melbourne

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Taxes

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